East Notes: Lightning, Debrusk, Ullmark

Eduardo A. Encina of the Tampa Bay Times expects the Tampa Bay Lightning to make a trade in the near future to cut costs as they try to find room to sign pending free agent captain Steven Stamkos to a contract extension. The Lightning are up against the cap with just $5.335MM in cap space and have just 18 active roster players signed for next season.

Encina looks at the contracts of Tanner Jeannot and Erik Cernak as possibilities to move on from. Jeannot has struggled since coming over from Nashville for five draft picks and Callan Foote and is slated to make $2.665MM next year, while Cernak is owed $5.2MM. Jeannot seems like the likelier of the two to be moved as he has just a year left on his contract at half the cost and has already been linked to multiple teams.

In other Eastern Conference notes:

• Nick Kypreos speculates in the Toronto Star that the Toronto Maple Leafs have interest in pending free agent forward Jake DeBrusk. The 27-year-old has haunted the Maple Leafs in the playoffs could slide into the team’s top six if they don’t bring back Max Domi or Tyler Bertuzzi. DeBrusk is coming off a disappointing season with the Boston Bruins, tallying just 19 goals and 21 assists in 80 games. However, the Edmonton, Alberta native is just a year removed from a 27-goal season and has surpassed 25 goals on three separate occasions.
• Elliotte Friedman reported on 32 Thoughts that he believes that a big holdup on the Linus Ullmark trade is a potential contract extension being worked out. Friedman points out that a lot of teams aren’t interested in paying the Bruins high asking price for a goaltender that would only be a rental and would like an extension in place before making the deal. Friedman also notes that in the case of a team like the Ottawa Senators, he would have to waive his no-trade clause and likely work out an extension with the team to make the trade happen. Boston has held firm on their asking price in recent weeks but might have to adjust it as some teams that were in on Ullmark have already addressed their goaltending situation, and there are other potential available options on the market.